mahussain3
Son of Aa'ishah(R.A)
Call to make Malaysia a world-class Islamic financial centre
Bernama, August 12: More efforts will be made to lure global financial institutions to choose Malaysia as the centre for Islamic financial services particularly Islamic banking, takaful (insurance) and the Islamic capital market, said Deputy Finance Minister Datuk Dr Awang Adek Hussin.
He said Malaysia
had taken several measures to transform the country into a world-class Islamic financial centre.
Awang Adek said all the efforts had shown results and attracted international financial institutions including one from Japan which showed interest in issuing Islamic bonds in Malaysia.
“About 70 percent of the US$50 billion (RM173.8 billion) Islamic bonds issued globally were from Malaysia,” said Awang Adek, who is also the Member of Parliament for Bachok when presenting computers to 33 national schools here.
The computers were donated by the British American Tobacco Malaysia (BATM) Foundation.
Meanwhile, BATM Foundation IT director Zainal Arifin Khalid said the foundation had approved a RM13 million allocation to help more than 1,600 needy students nationwide under several schemes.
He said it was part of the foundation’s welfare intiative to help students in rural areas to excel in their studies.
Bernama, August 12: More efforts will be made to lure global financial institutions to choose Malaysia as the centre for Islamic financial services particularly Islamic banking, takaful (insurance) and the Islamic capital market, said Deputy Finance Minister Datuk Dr Awang Adek Hussin.
He said Malaysia
had taken several measures to transform the country into a world-class Islamic financial centre.
Awang Adek said all the efforts had shown results and attracted international financial institutions including one from Japan which showed interest in issuing Islamic bonds in Malaysia.
“About 70 percent of the US$50 billion (RM173.8 billion) Islamic bonds issued globally were from Malaysia,” said Awang Adek, who is also the Member of Parliament for Bachok when presenting computers to 33 national schools here.
The computers were donated by the British American Tobacco Malaysia (BATM) Foundation.
Meanwhile, BATM Foundation IT director Zainal Arifin Khalid said the foundation had approved a RM13 million allocation to help more than 1,600 needy students nationwide under several schemes.
He said it was part of the foundation’s welfare intiative to help students in rural areas to excel in their studies.